Framework Ventures remains the sole major venture capital firm holding significant SKY tokens, as other prominent investors have exited. On-chain data shows that Paradigm, a16z, Bain, and Syncracy have completely sold their SKY holdings, while Dragonfly and Parafi have divested most of their stakes. Vance Spencer of Framework Ventures confirmed this development on X, highlighting the firm's unique position in maintaining its investment amidst a trend of early backers selling off after new token listings.